Preferred Source, a manufacturers’ representative firm representing equipment and supplies manufacturers to the foodservice industry, today announced the sale of Preferred Source to Danny Monnat and Jacquelyn Mangione.
Preferred Source is an industry leading manufacturers representative firm serving equipment and supplies manufacturers in Texas & Oklahoma for more than three decades. Preferred Source maintains showrooms in Dallas, Houston, and Austin, serving customers in the distribution, chain & independent restaurants, hotel & gaming, colleges & universities, consultants, convenience stores, and K-12 segments.
Mark Sass, Principal, said, “Ken and I are proud to announce the sale of Preferred Source to Danny and Jacquelyn. We know their experience, tenacity, and commitment to the business will be the driving force behind an exciting new phase for Preferred Source, our customers, and manufacturers.”
Ken Bigger, Principal, said, “Jacquelyn and Danny have been integral to the growth and success of Preferred Source over the last decade. Today is the culmination of our long-established succession plan for Jacquelyn & Danny to take over the business. We are excited for them, our manufacturers, and the future of Preferred Source.”
“Danny and I are so fortunate to have had the opportunity to learn alongside two of the best in the industry. We have benefited greatly from Mark and Ken’s direction and are excited and ready to lead Preferred Source into the future,” said Jacquelyn Mangione. “We are committed to building on the strong foundation we have laid and look forward to upholding the reputation of excellence Preferred Source has always been known for.”
“We are grateful to Mark and Ken for their years of mentorship and partnership which have led us to this moment. Together, with their guidance, we have built Preferred Source into a preeminent rep firm. Jacquelyn and I are looking forward to building on the principals of what has made our business thrive for over three decades with an eye to the future and the evolving needs of our customers, employees, and manufacturers. We are excited to usher in this new era.” said Danny Monnat.
Details of the transaction were not disclosed. Additional personnel announcements will follow at later
date.
For more information, please visit www.preferredsource.com
Contact: info@preferredsource.com
Phone: 972-672-1191
Organization: Preferred Source
Address: 3440 Sojourn Suite 225 Carrollton, TX 75006
